Graduate Trainee Pricing Actuary - 12 months

Posted 4 Days Ago
Be an Early Applicant
2 Locations
In-Office
Entry level
Insurance
The Role
The Graduate Trainee Pricing Actuary role involves pricing risks, portfolio monitoring, supporting data workflows, and contributing to global projects within the actuarial team.
Summary Generated by Built In

 

This is a unique opportunity to step into a real actuarial role from day one—working alongside underwriters, actuaries, and data specialists who shape pricing decisions across multiple lines of business. 
 
You’ll gain exposure to Lloyd’s markets, portfolio analysis, and global actuarial projects, 

 

Responsibilities

 

  • Work closely with underwriters and other members of the Actuarial pricing team to price risks for multiple lines of business ;
  • Participate in portfolio monitoring and analyses, to help assess the profitability of business that has already been written ;

  • Support and drive efficiency within the data manipulation process to help streamline the pricing workflow within the team ;

  • Assist with pricing during busy periods ;

  • Contribute to global actuarial projects as required, to drive gains across the whole SCOR global enterprise;

  • Support CAT modelling and reporting

 

Qualifications

 

Required experience & competencies

Experience:

  • The ideal candidate will have gained some actuarial work experience in insurance/reinsurance or mathematical modelling

  • Experience of participation in projects and teams
     

Personal Competences:

  • Familiarity with standard Microsoft Office applications such as Excel, Word and PowerPoint 

  • Excellent analytical skills with attention to detail

  • Able to communicate clearly and concisely, verbally and in writing

  • Collaborative teamplayer spirit with experience of project participation

  • Ability to work effectively with minimal supervision

  • Selfstarter/motivator and creative 

  • Interest in data science with preference given to programming capability and experience of Python, SQL or VBA.

 

Required Education 

 

•   University degree in mathematics, economics or related field or equivalent 
•   Willingness to attain a professional actuarial designation

About Us

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

Skills Required

  • University degree in mathematics, economics or related field
  • Some actuarial work experience in insurance or mathematical modelling
  • Familiarity with Microsoft Office applications
  • Ability to communicate clearly and concisely
  • Interest in data science with programming experience in Python, SQL or VBA
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The Company
HQ: Paris, Paris
4,492 Employees

What We Do

SCOR, one of the world’s largest reinsurers, serves more than 5,000 clients worldwide, providing a diversified and innovative range of solutions to control and manage risk. SCOR delivers advanced financial solutions, analytics and services across all dimensions of risk in Life & Health, Property & Casualty, and Investments. Reinsurance lies at the intersection of technical expertise and scientific progress. Models, data, and pricing and reserving tools are essential, yet they are never sufficient on their own. Sound risk decisions require expert judgment, experience and perspective. This is what we call the Art and Science of Risk. Reinsurance is a knowledge industry, where expertise grows through accumulation, transmission and practice. Across the Group, 3,600 experts based in more than 35 offices worldwide contribute to this collective intelligence. Actuaries, underwriters, risk management specialists, and Tech & Data experts transform data into insight, explore extreme scenarios, define the boundaries of insurability and help anticipate emerging risks. Together, they strengthen the resilience of SCOR, our clients and the societies we serve. This expertise is built through shared experience,continuous questioning and collective reflection. Like artists, we belong to schools of thought, learning first to observe, then to replicate, and ultimately to innovate. This ongoing transmission of knowledge enables SCOR to develop a distinctive approach, combining rigor, creativity and long-term vision in the service of risk mastery. This shared commitment underpins SCOR’s role as a global reinsurer. By turning risk into resilience and sustainable value, our collective of experts acts with responsibility and purpose. Together, we help protect the future, and shape it, for our clients, for society and for generations to come.

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